Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 323042
                    [Title] => DOF open to compromise on banks’ unpaid FCDU taxes
                    [Summary] => The Department of Finance (DOF) said yesterday the government is willing to compromise with banks in the settlement of some P22 billion unpaid taxes of foreign currency deposit units (FCDUs).


Finance Secretary Margarito B. Teves said yesterday that although he was certain the letter of the law gave the government a "legal leg to stand on," he was less certain about what the DOF could "realistically collect" from banks.


                    [DatePublished] => 2006-02-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

FOREIGN CURRENCY DEPOSIT UNITS ACT

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 323042
                    [Title] => DOF open to compromise on banks’ unpaid FCDU taxes
                    [Summary] => The Department of Finance (DOF) said yesterday the government is willing to compromise with banks in the settlement of some P22 billion unpaid taxes of foreign currency deposit units (FCDUs).


Finance Secretary Margarito B. Teves said yesterday that although he was certain the letter of the law gave the government a "legal leg to stand on," he was less certain about what the DOF could "realistically collect" from banks.


                    [DatePublished] => 2006-02-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

DOF open to compromise on banks’ unpaid FCDU taxes

By Des Ferriols | February 24, 2006 - 12:00am

The Department of Finance (DOF) said yesterday the government is willing to compromise with banks in the settlement of some P22 billion unpaid taxes of foreign currency deposit units (FCDUs). Finance Secretary Margarito...

Business